Feed production subsidies to be increased in Kazakhstan

The Ministry of Agriculture in Kazakhstan have received a request from the Kazakhstan Parliament to increase subsidies for the production of animal feed in 2012. "There is a need to strengthen public support for harvesting haylage, as well as to increase subsidies for compound feed production, as the existing limits cover the cost of production process by only five to seven percent," was said in an official request for deputies of the Parliament of Kazakhstan. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers.

BPEX: Managing raw material costs

Feed cost is by far the most important factor in pig cost of production and in the volatile global commodity market it is important businesses take steps to minimise those risks. To help achieve this, BPEX has just launched a new section on its website giving real-time comparison of commercial options versus nearby future prices.

Wheat prices may have fallen back a touch but are still almost double what they were a year ago and producers need every tool available to help them through these troubled times. This web area aims to provide pig producers with an introduction to managing raw material costs using futures and options, an explanation of how these tools work, real-time examples of them in action as well as a guide to all the different parts of commodity trading screens now accessible to the public via the internet. Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.